MassDevelopment selected VHB, Inc., a Massachusetts-based civil engineering and design firm, to lead a team of consultants to support the development of a master plan for the approximately 7,000-acre cantonment area at Joint Base Cape Cod (JBCC). The plan will identify current and future spatial needs of the base and plan for the redevelopment of any surplus property....
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Recent data shows Canada’s commercial real estate (CRE) market is performing better than broader sentiment suggests, says a new Avison Young report. The comprehensive report covered major asset classes in the second quarter. “Coming off the heels of tariff volatility at the start of the quarter, the commercial real estate market and broader economic indicators...
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Construction is underway at Innovative Urban Village Phase 1A, a 385-unit affordable housing development with commercial space for a fresh food grocery store in the East New York neighborhood of Brooklyn. The $270-million project is part of the comprehensive redevelopment of the Christian Cultural Center’s campus, which ultimately will include a total of nearly 2,000 affordable apartments...
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A major development project in Calgary’s Marda Loop area has received city council’s approval. Calgary Co-op and local developer Truman plan to develop twin multi-residential towers in the Marda Loop area. Council approved an application to redevelop a roughly two-acre property at 2103 33rd Avenue S.W. The proposed high-density, mixed-use community hub would include two...
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Resia has spun off one of its recently completed apartment complexes in Dallas. RPM acquired the 336-unit Resia Dallas West, which was completed last year. Commercial Edge reports the company took out a $38.9 million Freddie Mac loan originated by Greystone Servicing Corp., set to mature in 2030. RPM rebranded the property as Remi West...
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(Ian Hanecak is among the 2025 Canadian Next Generation Award recipients, as selected by Connect CRE Canada. This profile explains how he stands out among his peers. Read about all of the award winners.) By Amy Wolff Sorter Ian Hanecak is the senior manager of community relations at Northcrest Developments. With a background in urban planning, municipal...
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Capital Square has raised $43 million in equity from investors in a private placement, enough to get started on a 320-unit build-to-rent community in Glendale, Arizona. Capital Square has partnered with Sunstone Two Tree as co-developer of the project, which will become Ironwood Homes at The Rosefield upon completion. Located at the southeast corner of...
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Legacy Partners and The Resmark Companies started leasing for two single-family build-to-rent communities in two northern Dallas suburbs: Harlow, comprising 133 homes in the Collin County city of Melissa, and Adair, featuring 134 homes in the Denton County city of Aubrey. Legacy’s Matt Brendel added, “While we historically have developed multifamily properties, we made the decision...
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